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SocialMedia, the aforementioned Facebook apps and MySpace widgets company that will combine hosting, promotion and an ad network, has raised $1 million in funding in a round led by CRV Ventures, SoftTech VC and the Hitforge seed fund. More background, from our previous coverage:
SocialMedia's founders include Seth Goldstein and David Henderson of the lofty attention-tracking service Root Markets, and David Gentzel, whose successful MySpace widgets Trakzor and Flikzor we've covered here before (there's now also a Facebook version of Trakzor).
Getting $1M to build on top of another platform isn't so rare now: RockYou and Slide.com have done much the same thing. And as these companies diversify beyond MySpace, their positions look a little less precarious.